Sparta 24 13F annual report

Sparta 24 is an investment fund managing more than $99.3 billion ran by Alon Gonen. There are currently 11 companies in Mr. Gonen’s portfolio. The largest investments include Ishares Tr and Enova International, together worth $43.8 billion.

$99.3 billion Assets Under Management (AUM)

As of 31st July 2024, Sparta 24’s top holding is 42,061 shares of Ishares Tr currently worth over $23 billion and making up 23.2% of the portfolio value. In addition, the fund holds 333,352 shares of Enova International worth $20.8 billion, whose value grew 37.0% in the past six months. The third-largest holding is Interactive Brokers Group In worth $10.3 billion and the next is Ishares Inc worth $16.1 billion, with 272,044 shares owned.

Currently, Sparta 24's portfolio is worth at least $99.3 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Sparta 24

The Sparta 24 office and employees reside in Tirat Hacarmel, Israel. According to the last 13-F report filed with the SEC, Alon Gonen serves as the Director at Sparta 24.

Recent trades

In the most recent 13F filing, Sparta 24 revealed that it had opened a new position in Interactive Brokers Group In and bought 83,680 shares worth $10.3 billion.

The investment fund also strengthened its position in Enova International by buying 37,558 additional shares. This makes their stake in Enova International total 333,352 shares worth $20.8 billion. Enova International soared 34.5% in the past year.

On the other hand, there are companies that Sparta 24 is getting rid of from its portfolio. Sparta 24 closed its position in Ishares Tr on 7th August 2024. It sold the previously owned 1,076,300 shares for $15 billion. Alon Gonen also disclosed a decreased stake in Ishares Tr by 0.2%. This leaves the value of the investment at $23 billion and 42,061 shares.

One of the smallest hedge funds

The two most similar investment funds to Sparta 24 are Evolutionary Tree Capital Management and Reverence Capital Partners, L.P.. They manage $99.4 billion and $99.4 billion respectively.

Alon Gonen investment strategy

Sparta 24’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Finance — making up 20.9% of the total portfolio value. The fund focuses on investments in the United States as 18.2% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 9% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $23 billion.

The complete list of Sparta 24 trades based on 13F SEC filings

These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Ishares Tr	22.84% 42,061	$23,017,041,000	23.19%
Enova International Inc.	12.70% 333,352	$20,751,162,000	20.91%
Ishares Tr	Closed 1,076,300	$15,046,674,000
Vanguard Intl Equity Index F	Closed 104,140	$12,168,804,000
Interactive Brokers Group In	Opened 83,680	$10,259,168,000	10.34%
Ishares Inc	No change 272,044	$16,147,454,000	16.27%
Global X Fds	No change 312,180	$8,021,403,000	8.08%
Up Fintech Hldg Ltd	Opened 1,472,832	$6,185,894,000	6.23%
Sprott Fds Tr	Opened 101,424	$4,575,237,000	4.61%
Robinhood Mkts Inc	Opened 161,580	$3,669,481,000	3.70%
Amazon.com Inc.	No change 14,625	$2,826,281,000	2.85%
Freedom Hldg Corp Nev	Opened 26,478	$1,996,441,000	2.01%
Futu Hldg Ltd	Opened 27,529	$1,806,040,000	1.82%
No transactions found
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